Toronto, Ontario, Canada
10 hours ago
Payroll Specialist

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Human Resources

Pay Details:

$59,500 - $84,000 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

POSITION SUMMARY

Team responsibilities include:

Balancing all year-end tax slips and completing year-end government filings

Supporting all expatriate assignments and some globally mobile employees

Participating in both internal and external audits

Providing customized payroll and year-end tax slip support for the CEO and Senior Executive Team

Managing end-to-end Board of Directors’ payrolls

Identifying, reviewing, and preparing POIs for reconciliation as needed

Reviewing and correcting taxes from the Retiree Demographic report and the US Tax Data Query

Responds to and resolves inquiries from all levels within the bank regarding payroll issues and research inquiries through various data retrieval methods

Makes process improvement recommendations to and assists in the planning and implementation of solutions

Act as a brand champion for the business area/function and the bank, both internally and/or externally

Specific Accountabilities

Ensuring the integrity of the Workday HR/Payroll data, including any tests or validations required

Assisting in the preparation of manual and amended tax slips

Supporting all payroll accounting year-end payroll data to ensure they are recorded and processed accurately

Recommending and implementing changes to current processes to gain efficiencies and accuracy

Managing adjustments and resolution with business partners as needed

Processing quarterly Director Fees payroll

Handling manual off-cycle processing and EIB data loads

Processing bi-weekly cheque reversals

Running and actioning Pier/Variance reports to correct data integrity errors, ensuring the accuracy of year-end tax slips

Other tasks as required

Managing daily administrative processes and functions for expatriate payroll

Supporting the processing of shadow payrolls

Balancing payroll tax slip boxes

Providing accurate and timely resolutions to inquiries from internal and external business partners

Reviewing and validating the accuracy of annual PIER reports from CRA and RQ

Perform other tasks as required

 Qualifications

2+ years of relevant experience

Payroll Compliance Practitioner Designation (or working towards completion) PCP

Strong knowledge of Canadian Federal/Provincial and U.S. regulatory and legislative requirements related to payroll (Canada Revenue Agency/ Revenu Quebec/IRS)

Sound knowledge of Workday (Payroll & HR application), particularly in Year-end Workday processes, as well as expertise in Resolution Management and Pier/Variance report Reconciliation principles.

Experience with in-house Payroll HRIS System, preferably Workday

Proficient in staying informed about payroll-related legislative updates

Excellent attention to detail

Strong organizational skills

Skilled in utilizing Microsoft Excel for data analysis, and creating spreadsheets to support business operations

Effective communication skills

Strong analytical skills

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.


Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.


Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet
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